Governance
ESG reserves adoption challenged by reliance on sovereign bonds
Higher issuance of government-compliant bonds is insufficient to offer investable alternatives to central banks.
Quarles will resign from Fed board at end of year
Former vice-chair for supervision had 10 years left as governor
BIS board reappoints Carstens as general manager
Luiz Pereira da Silva gets new term as deputy, and Stefan Ingves becomes vice-chair
People: ECB appoints new head of macro-pru
BIS names Innovation Hub directors; Bundesbank sends representative to Madrid; and more
Podcast: Dominik Weh on why central banks need to embrace technology
Central banks need to keep abreast of the current technology or risk being left behind
IMF knew Lebanese central bank had $4.7 billion shortfall in 2015 – Reuters
Officials said central bank had net negative assets due to claims by commercial lenders, report says
Indian government reappoints Das as governor
Das gets new three-year term, as economy rebounds from Covid shock
People: IMF deputy managing director to leave
Mitsuhiro Furusawa to depart IMF; Brazil and Costa Rica to appoint board members; and more
Senators introduce Fed ethics law
Democrats’ proposals would put board’s ethics rules on statutory footing and impose fines
People: BoE and Sama governors appointed to chair FSB committees
IMF’s Georgieva nominates new CIO; former El Salvador governor dies
Is Powell still on track for second term?
Despite scandals and vocal criticism, support still looks likely to outweigh opposition
Approaching green central bank balance sheets
Climate-friendly balance sheets come at a ‘greenium’, panellists argue at a roundtable at Central Banking’s Summer Meetings, in collaboration with Invesco.
HKMA says firms must report on national security law suspects
Financial regulators say firms must report on those arrested under anti-dissident law
Bank of Mexico creates environmental and social risk department
Central bank’s attitude to environmental risk might put it at odds with government, says commentator
Chilean president grants Marcel new term as governor
Central bank leader faces continued challenges from pandemic and rapid political change
Fed announces strict new trading rules for senior officials
Regulations would ban individual investments, increase disclosure and restrict transactions
Fed ethics officials warned against trades
March 2020 advice cautioned against stock transactions in following months
Turkish central bank cuts rates again as currency falls
Lira hits new low days after president dismissed senior officials
People: Portugal reappoints board member two years late
Second woman to join Paraguay board; Central Bank of Russia appoints government official to lead financial ombudsman; and more
Weidmann to step down as Bundesbank president
After over 10 years leading the German central bank, Weidmann will leave for “personal reasons”
Iranian court sentences former governor to 10 years in prison
Valiollah Seif convicted of currency offences, but reportedly remains free pending appeal
Gita Gopinath to leave IMF
Fund’s first female chief economist is set to return to Harvard
People: FCA chair steps down; Esma chair steps up
UK FCA chairman to depart; Verena Ross to chair Esma; new boards for Ecuador’s central bank